Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

P lends ₹5000 to Q and at the same time a certain sum to S at the rate of 10% per annum simple interest. If the simple interest is collected ₹3300 after 3 years from Q and S then find the sum lent to S ?

Options:

5600

4500

3500

6000

Correct Answer:

6000

Explanation:

SI collected from Q + S = 3300

S x 10% x 3 + 5000 x 10% x 3 = 3300

S x 30% = 1800

S = 6000